Skip to main content

Multifamily

Seashore Apartments

4915 E Ocean Blvd, Long Beach, CA 90803

Listing Price: $4,800,000

Cap Rate
2.91%
Number of Units
12
GRM
18.43
Price/Unit
$400,000
Price/Gross SF
$573.34
Gross SF
8,372

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Seashore Apartments, a rare 12-unit multifamily investment property located in the prime Belmont Shore neighborhood of Long Beach, CA.

Seashore Apartments offers a diverse mix of studio, one, and two-bedroom floor plans as well as amenities including a secured entry way, a common area side yard, spacious floor plans with large closet spaces, and ocean views from select units.

Seashore Apartments benefits from its unparalleled Belmont Shore location, steps away from the sand of Rosie’s Dog Beach and the Belmont Veterans Memorial Pier. Residents enjoy the property’s idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shore’s 2nd Street. Seashore Apartments is just over 1.50 miles from Retro Row, a lively corridor of Long Beach’s most unique and vibrant shops and restaurants. The property is also just over 1.50 miles from 2nd & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of everyday needs. Furthermore, residents enjoy Seashore Apartments’ close proximity to Pacific Coast Highway, providing easy access to neighboring coastal cities and employment hubs.

The property’s ideal Belmont Shore location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Seashore Apartments.

Investment Highlights

  • Unparalleled Belmont Shore Location Just Steps from the Beach
  • Features a Diverse Mix of Spacious Studio, One, & Two-Bedroom Floor Plans
  • Highly-Desirable Ocean Views Available from Select Units
  • Controlled Access with Interior Hallways
  • Close to Rosie's Dog Beach, Long Beach City Beach, & Belmont Veterans Memorial Pier
  • Within Walking Distance to 2nd Street, the Heart of Belmont Shore

Exclusively Listed By

Financing By

Multifamily

Seashore Apartments

Listing Price: $4,800,000

Cap Rate
2.91%
Number of Units
12
GRM
18.43
Price/Unit
$400,000
Price/Gross SF
$573.34
Gross SF
8,372

Investment Highlights

  • Unparalleled Belmont Shore Location Just Steps from the Beach
  • Features a Diverse Mix of Spacious Studio, One, & Two-Bedroom Floor Plans
  • Highly-Desirable Ocean Views Available from Select Units
  • Controlled Access with Interior Hallways
  • Close to Rosie's Dog Beach, Long Beach City Beach, & Belmont Veterans Memorial Pier
  • Within Walking Distance to 2nd Street, the Heart of Belmont Shore

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Seashore Apartments, a rare 12-unit multifamily investment property located in the prime Belmont Shore neighborhood of Long Beach, CA. Seashore Apartments offers a diverse mix of studio, one, and two-bedroom floor plans as well as amenities including a secured entry way, a common area side yard, spacious floor plans with large closet spaces, and ocean views from select units. Seashore Apartments benefits from its unparalleled Belmont Shore location, steps away from the sand of Rosie’s Dog Beach and the Belmont Veterans Memorial Pier. Residents enjoy the property’s idyllic location within walking distance of the abundance of retail, dining, and entertainment options at Belmont Shore’s 2nd Street. Seashore Apartments is just over 1.50 miles from Retro Row, a lively corridor of Long Beach’s most unique and vibrant shops and restaurants. The property is also just over 1.50 miles from 2nd & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of everyday needs. Furthermore, residents enjoy Seashore Apartments’ close proximity to Pacific Coast Highway, providing easy access to neighboring coastal cities and employment hubs. The property’s ideal Belmont Shore location surrounded by an abundance of recreational, entertainment, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Seashore Apartments.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower